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The decentralized AI project Gradient Network has completed a $10 million seed round financing, led by Pantera Capital and Multicoin Capital.
According to ChainCatcher news, as disclosed by Gradient Network's official Twitter, the project has completed a $10 million seed round financing, led by Pantera Capital and Multicoin Capital, with well-known partners such as HSG Capital and top angel investors in the AI and encryption fields participating. Gradient Network is building the world's first fully decentralized AI facility, aimed at addressing issues such as privacy erosion, access barriers, and intelligent monopolies caused by the centralization of AI systems. The project will launch two foundational protocols: Lattica, serving as a universal data transmission engine, and Parallax, the world's reasoning engine, both of which will go live this week.